Litecoin (LTC), Binance Coin (BNB), Tron (TRX) Price Analysis And Forecast

Litecoin (LTC-USD)

In the last day, Litecoin has been undergoing a sideways trade. It started selling at $139.03 against the current price of $134.77 as calculated by Kraken.
A bullish accumulation pattern began the day (A), with the 7 day MA above the 21-day MA that indicated a bullish signal. This showed that the market is exhibiting a strong buying pressure as reflected by the RSI X that is seen above level 70 indicating an overbought market.
The price momentum was able to rice due to the assistance from a bullish regular divergence

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